Branchout Food Q1 EPS $(0.26) Down From $0.26 YoY, Sales $1.47M Up From $97.34K YoY
Portfolio Pulse from Benzinga Newsdesk
Branchout Food (NASDAQ:BOF) reported a Q1 EPS of $(0.26), a significant decrease from $0.26 YoY. However, sales increased dramatically to $1.47M from $97.34K YoY.
May 15, 2024 | 12:13 pm
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Branchout Food reported a Q1 EPS of $(0.26), a 200% decrease from $0.26 YoY. However, sales increased dramatically to $1.47M from $97.34K YoY.
The significant decrease in EPS indicates a decline in profitability, which is negative. However, the substantial increase in sales shows strong revenue growth, which is positive. These mixed results may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100